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[SG Stock] Strong Momentum: Singtel

Shares of Singapore Telecom (Singtel) are showing signs of a bullish breakout.

In this article, we will focus on Singapore Telecommunications Limited (SGX: Z74), whose shares are showing signs of a bullish breakout. Here are some highlights from the technical report:

Singapore Telecom (Singtel) offers a wide range of services, including fixed, mobile, data, internet, TV and digital solutions, among others.

  • Market Position: "Technical Buy".
  • Entry Price and Support Levels: S$2.46, S$2.40 and S$2.35; Support at S$2.39 and S$2.31.
  • Stop Loss and Resistance: Stop Loss at S$2.28; Resistance at S$2.49 and S$2.68.
  • Target prices: S$2.52, S$2.65, S$2.74 and S$2.82.

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